WikiLeaks explains why China is so rich

The latest cable leak from WikiLeaks goes some way to explain why China has so much available cash in a time when the West is strapped.

Leaked cables from US officials shine light on what has been suspected for some time now the fact that the Chinese government patented the name 'China' and every derivative some years ago. That means that every Chinese restaurant in the world has to pay a fee to China for the use of the name!

One cable said 'No bloody wonder these gays have so much cash, after all there's a Chinese take out on every street corner in the West.'

It's not just the Chinese that have made money this way. India have also followed suit and now they are capitalising.

A spokesperson for the English government didn't deny the leaked cable or its contents. 'They saw an opportunity here and made the most of it. It's too late to launch the 'English' or the 'American' so we're boloxed,' he said.

Beauty parlours are now wondering if the likes of Brazil have patented their name as it could lead to increased prices for women looking for a muff trim.

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